Equity allocations by UK schemes have dropped from 47% to 43%, with a further four in ten schemes intending to reduce their deomstic exposure more next year, Mercer research suggests.
Revised IAS19 measures will remove perceived barriers to de-risking and make companies focus more on the discount rate used to measure scheme liabilities, says Mercer.
Insurers have started to turn down employers who want to expand existing schemes for auto-enrolment, PP has learned.
IAS19 amendments are set to be approved by the EU within months. Here are five areas for sponsors to consider ahead of the changes.
Here they are - the winners of the UK Pensions Awards 2012.
Can schemes find respite in the cash stockpiles of their sponsors?
Conventional gilt holdings for local government pension schemes increased by £441m last year as rising prices and increased allocations boosted the value held by the LGPS, figures show.
Deficits in UK schemes were stable over the last month as corporate bond yields and long-term inflation expectations remained unchanged, research finds.
Listen to our latest Pensions Conjecture debate on Multi-Asset.
Top industry commentators give PP their interpretation of Steve Webb's new catchphrase